Should You Buy Nio Stock While It Trades Around $7?
Key Points Nio is a Chinese electric vehicle maker aggressively competing on price. The company plans to expand into European markets. It's still a high-risk company, but its fundamentals are improving. 10 stocks we like better than Nio › It's been a wild month for shares of Chinese electric vehicle (EV) stock Nio (NYSE: NIO). Shares bounced 20% higher, then 10% lower, then 30% higher, and now 7% lower again. In spite of these wild swings, the stock is definitely on an uptrend. Shares have more ...